Dear Experts,
This is with reference to new ITR Form "ITR 1 - Sahaj" issued for the A.Y 2017-18 by Department. As per the form, it is applicable to those assesses who has income from salary, one house property and income from other sources and total income of such an assessee doesnot exceed Rs. 50 lakhs.
I would like to know that if in case an assessee earns only an income under the head salary and the salary from the employer exceeds Rs. 50 lakhs, then whether he/she would have to fill ITR 1 or is there any other form that he/she can fill.
Note that the assessee doesnot have any income other than Income under the head salary.
Thanking you in advance.
Best Regards,
Dhrunil Bhatt
CAclubindia
